Virgin Galactic Holdings Inc - Class A Shares Close the Week 22.1% Lower - Weekly Wrap

The company saw its shares close the week 22.1% lower than last week, with trading volume higher than its 30 day average.

May 13, 2022 by Kwhen Finance Editors

Virgin Galactic Holdings Inc - Class A Shares Close the Week 22.1% Lower - Weekly Wrap
Virgin Galactic Holdings Inc - Class A (SPCE) shares closed this week 22.1% lower than it did at the end of last week. The stock is currently down 56.4% year-to-date, down 63.7% over the past 12 months, and down 42.2% over the past five years. This week, the Dow Jones Industrial Average fell 3.8%, and the S&P 500 fell 5.2%.

Trading Activity

  • Shares traded as high as $6.69 and as low as $5.14 this week.
  • Shares closed 88.6% below its 52-week high and 27.2% above its 52-week low.
  • Trading volume this week was 16.9% higher than the 10-day average and 54.7% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.3.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.
  • The stock closed at 10.2% higher than its 5-day moving average, 12.5% lower than its 20-day moving average, and 25.9% lower than its 90-day moving average.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $-265,503,000 in earnings before interest and taxes from $238,000 in revenue. It currently holds $665 million in cash and $115 million in debt.
  • Its forward price-to-earnings (P/E) ratio of 0 is higher than its current P/E ratio of -2.34, implying that analysts are expecting a decrease in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.06. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 1.53 which means it currently has $1.53 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 13.23. This means that the stock is trading at a premium of 13 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 29303.95.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 26510.12.

P/E

-2.34

EBITDA

$-265,503,000

P/Book

13.23

Mkt Cap

$1B

P/Sales

29303.95

Revenue

$238,000

EPS (TTM)

-2.94

PEG Ratio

0.06

EV/Revenue

26510.12

Total Cash

$665M

Debt/Equity

1.53

Forward P/E

0.00

Current Debt

$115M

Gross Profit

$65,000

Dividend Date

-

Earnings Date

2022-08-04

Profit Margin

-2709.61

Revenue/Share

0.00

Total Revenue

$238,000

Enterprise Val

$6B

Put/Call Ratio

0.65

Revenue/Employee

0.00

Market Comparative Performance

  • The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company share price lags the performance of its peers in the Information Technology industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Virgin Galactic Holdings Inc - Class A12.0-56.4-63.7-89.319.5
Dow Jones Industrial Average1.4-12.1-3.8-12.92.5
S&P 500 Index2.4-17.1-2.0-17.13.0
Information Technology3.8-27.3-3.4-28.23.9

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by 11.0%
  • The company's stock price performance over the past 12 months beats the peer average by -2.4%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Virgin Galactic Holdings Inc - Class ASPCE-2.3-56.4-63.7-89.319.5
Peer AvgN/A-0.6-50.8-65.3-81.415.5
Rocket Lab USA IncRKLB0-57.7-50.2-74.98.3
Virgin Galactic Holdings Inc - Class ASPCE-2.3-56.4-63.7-89.319.5
Redwire CorporationRDW0-45.2-69.8-77.54.7
Momentus Inc - Class AMNTS0-43.8-77.3-83.729.7

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